SELF-DEFENSE. I'M PRIYA MANN, LOCAL 4. Ruth: ALL RIGHT, THANK YOU, PRIYA. Devin: GOVERNOR SNYDER PUT HIS SIGNATURE ON TWO BILLS THAT SEALED THE DEAL ON THE STATE'S PART OF THE SO-CALLED GRAND BARGAIN. WITH THE STATE'S CONTRIBUTION, NEARLY A BILLION DOLLARS HAVE BEEN PUT ON THE TABLE. AND HOW IS IT BEING RECEIVED? LET'S BRING IN OUR BUSINESS EDITOR ROD MELONI WHO IS LIVE DOWNTOWN. Rod: THE FULL-COURT PRESS IS ON. THIS WILL BE A REAL, REAL HARD SELL HERE. LET ME SHOW YOU THE BUTTONS THEY'VE BEEN PASSING AROUND TODAY. YOU CAN'T EAT PRINCIPLES. AND UNCERTAINTY DOES NOT PAY THE BILLS. THIS IS TELLING RETIREES AND ACTIVE EMPLOYEES THEY NEED TO VOTE YES ON THE GRAND BARGAIN. AND THE WOMAN WHO CAME UP WITH THIS IS THE RETIREE ASSOCIATION PRESIDENT. YOU CANNOT GIVE THAT UP. IF YOU LET THAT MONEY GO AND IT'S OFF THE TABLE, YOU WILL HAVE NO SYMPATHY FROM ANYONE BECAUSE THEY WILL LOOK AT YOU AND SAY, WELL, THEY TRIED TO GIVE YOU A BILLION DOLLARS AND YOU TURNED IT DOWN. Rod: THE PREDICTION IS THAT DETROIT'S TROUBLES WILL ONLY GET WORSE IF THE RETIREES AND ACTIVE CITY EMPLOYEES VOTE NO TO THE GRAND BARGAIN. THEY HAVE UNTIL JULY 11th BUT... I JUST CAN'T VOTE YES, I CAN'T DO IT. Rod: HE'S A RETIREE AFTER 32 YEARS WITH DDOT AND WAS UNION PRESIDENT AND BELIEVES THE RETIREES ARE GETTING A RAW DEAL AND SHOULD GET A BETTER ONE IF THEY SEND ON. IF YOU COULD SEND ENOUGH STRONG "NO" SENTIMENT, THERE'S SOMETHING TERRIBLY WRONG WITH THIS. Rod: HE IS CONCERNED IT DOES NOT LOCK IN LOSSES AND THE CITY COULD TAKE MORE THAN IT'S SAYING IT WILL, THAT THE GIVE-BACKS ARE DISASTROUS ALREADY AND SAID ABOVE ALL, THE BARGAIN REQUIRES GIVING UP APPEAL RIGHTS AND FUTURE LITIGATION. I WOULD RATHER TAKE MY CHANCES IN COURT. YOU KNOW, I MAY LOSE THIS THING, BUT I WOULD RATHER GO DOWN FIGHTING AND JUST VOLUNTARILY GIVE IT AWAY BECAUSE IT DOESN'T MAKE SENSE TO ME. Rod: THE GOVERNOR AND KEVYN ORR AND A LOT OF PEOPLE INVOLVED IN THE GRAND BARGAIN WILL TELL YOU THAT'S AN ABSOLUTE FAULT UNDERSTANDING OF THINGS, THAT THERE IS NO BETTER DEAL FORTHCOMING AND HOLDING OUT IS NOT LIKELY TO GET YOU WHAT YOU THINK, OTHER THAN A LOT OF PAIN. BUT HE HAS A POPULAR NOTION AND THEY WILL SPEND THE NEXT THREE WEEKS IN THE CITY AND IN LANSING TRYING TO SEE TO IT THAT THE ACTIVES AND RETIREES VOTE YES. IT WILL BE AN INTERESTING THREE WEEKS, TO SAY THE LEAST. Devin: I TALKED TO A NUMBER OF FOLKS FAMILIAR WITH BANKRUPTCY LAW AND SAY IT'S UNWISE TO LOOK AT THIS AS A NEGOTIATION AND BARGAINING. WHAT'S NEXT, ROD? Rod: THERE'S A LOT HERE. AND YOU HAVE TO GET THE VOTE. AND THEN YOU HAVE TO GO AND HAVE THE ACTUAL BANKRUPTCY TRIAL. ALL BETS ARE OFF FOR BOTH OF THOSE, DEPENDING ON WHAT HAPPENS WITH THIS VOTE. AND THEN THERE'S THE IDEA OF WHAT HAPPENS WITH KEVYN ORR WHEN HE MIGHT EXIT THE SCENE. THOSE ARE ALL THINGS WE'LL LOOK AT COMING UP AT 6:00.

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